Is Microsoft coming to TikTok’s rescue? It appears that’s a very strong possibility following President Donald Trump’s threat Friday to ban the app in the U.S.
In a statement late Sunday, Microsoft says it’s discussing acquiring a portion of TikTok. Microsoft didn’t commit to buying part of TikTok’s operations from its China-based owner, ByteDance. But it is aiming to conclude discussions with ByteDance no later than Sept. 15.